The Business Times, 25 May 1991
1991-05-25
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1991-05-25 1 Business Times MCI (P) 16/12/90 Weekend Edition, May 25-26 1991 75 c12 words
-
NEWS & MARKETS SUMMARY
-
80 1991-05-25 1 BRUSSELS The Soviet economy could face a budget deficit four times higher than expected this year, said a Nato report gloomy about prospects for its former Cold War foe. A copy of the report, prepared by Nato's economic committee said it was80 words
-
Article32 1991-05-25 1 NEW YORK stock prices rose slightly yesterday morning. The Dow Jones average of 30 industrials edged up 3.14 points to 2,903.18 at 1430 GMT in the first hour of trading.32 words
-
Article35 1991-05-25 1 The FTSE 100 index was around 20 points lower at midsession yesterday. By 1130 GMT, the FTSE 100 index was quoted 21.6 points lower at 2,461.2 on a turnover of 260.4 million shares.35 words
-
Article22 1991-05-25 1 TRANS-ISLAND Bus Services and other related companies will be restructured under the umbrella of a new holding company Page 322 words
-
Article35 1991-05-25 1 MITSUBISHI BANK Ltd has set up a merchant banking subsidiary in Singapore. MBL Merchant Bank (S) Ltd will open for business on Monday with a paid-up capital of $5 million Page 535 words
-
Article21 1991-05-25 1 INDIA'S Congress (I) must now leam to live without the clout of the Nehru-Gandhi family Page 721 words
-
Article, Illustration29 1991-05-25 1 Friday Change BT-MGA 744.24 +2.66 Kuala Lumpur ....625.81 +14.24 Tokyo 25,529.14 -114.51 Hongkong 3,703.98 -74.81 Sydney 1,535.3 +2.2 Thursday Change New York 2,900.04 -10.29 London 2,482.8 +16.929 words
-
Article22 1991-05-25 1 Exchange rates USS SS 1.7675 100 Yen SS 1.2813 MS SS 0.6411 Money market rates Overnight 5 -3/8 3-month 5-5/16% -1/1622 words
-
Article35 1991-05-25 1 London Gold AM fix USSS355.50 USSS0.55 Rubber S'pore June 145.50*/kg -0.25 M'siaJune... 226.00*/kg +0.50 KL Tin Turnover 35 tonnes -23 Spot MS 15.34/kg +0.08 Crude palm oil Turnover 739 lots -243 June MS771/tonne unch35 words
-
-
542 1991-05-25 1 William Chia - From William Chia in KUALA LUMPUR THE diversified Antah group, which recently announced plans to list its leasing arm United Orix Leasing (UOL), is planning to list more of its companies on the Kuala Lumpur Stock Exchange. Chairman YAM Tunku542 words
-
353 1991-05-25 1 Shoeb Kagda - By Shoeb Kagda SINGAPORE banks may get a cut of the financing required for a US$l.3 billion (552.3 billion) integrated plantation and pulp mill project in south Sumatra. To be set up by Indonesia's largest plywood producer, Barito Pacific Group, the353 words
-
Article, Illustration55 1991-05-25 1 MICKEY and Minnie Mouse leading US Ambassador to Singapore Robert Orr to the official opening of Walt Disney's Singapore office. The set-up of Disney Consumer Products International, Singapore, is the first of a network of offices in Asean, says Brandt A Handley, the newly-appointed area55 words
-
198 1991-05-25 1 AFP NEW DELHI India came to a standstill yesterday in mourning for Rajiv Gandhi, marking his funeral with allreligion prayers and silent processions amid sporadic violence. Government offices, schools and colleges observed a holiday, and shops and businesses, stock exchanges andAFP - 198 words
-
275 1991-05-25 1 William Chia - From William Chia in KUALA LUMPUR KUALA LUMPUR Prominent bumiputra businessman Tunku Naquiyuddin Tuanku Ja'afar, chairman of Malaysian conglomerate Antah Holdings, feels that a New Economic Policy ruling on bumiputra equity must be revised. This is the requirement that a bumiputra businessman must275 words
-
Page 1 Advertisements
-
Advertisement130 1991-05-25 1 Nikon Th« Mtorld't Finest Photographic System. COVER I I How green I v I is our LpppaapapJ island? ■uSdSfllaß el i Aircraft Schedule EL 11 Commodities 15 Company News 4 Cryptic Crossword El 11 Financial News 5 Futures Options 14 Gold Prices 14 Home News 2 HK Tokyo Stocks 11130 words
-
Advertisement8 1991-05-25 1 OPINIONS How about having non-transferable COEs? EL 28 words
-
Advertisement13 1991-05-25 1 PURSUITS The making of a good life. EL 6 Going bananas. EL 613 words
-
Advertisement271 1991-05-25 1 paradise Today, one watch reigns supreme. ;y w The classical automatic uristuatch. the Perpetual Calendar and the Dual Time indicating tux> separate time zones uitb one automatic moiement <lllustrateilfrom left to right) HA I44(K> (X) 2. R.A *****/002 and BA J56Hi ()02 For those who will not settle for Today,271 words
-
Advertisement44 1991-05-25 1 Nikon in® fiuf kj s rintw rnoioyfipnic DyiitfTi. FINANCE Inflation and interest rates. EL 8 The greening of investments. EL 9 BT Investment Race: Contest No 2 TURN to EL 8 (Personal Investment Finance 1) for the entry form to BT's $100,000 investment challenge.44 words
-
Advertisement10 1991-05-25 1 JOBS The right job in the right place. EL 1010 words
-
-
HOME NEWS
-
NEWS ROUNDUP
-
97 1991-05-25 2 THE SINGAPORE Manufacturers' Association aims to tap the various Singapore clubs being formed overseas to help SMA members internationalise their businesses. SMA president Robert Chua said Singaporeans living overseas would otfer knowledge of market conditions for trade and investment, and may even help97 words
-
Article80 1991-05-25 2 PERTH-BASED property investment firm Smith Corporation Pty Ltd is organising a seminar in Singapore on investment opportunities in the Western Australian property market. The company said that it will be presenting four separate investment packages ranging from A$ 100,000 to A$ 150,000. Finance is available and80 words
-
Article100 1991-05-25 2 BIG projects require many hands. The office complex at Ngee Ann City is being marketed by two firms, not one, as reported by BT yesterday. While Knight Frank Cheong Hock Chye and Baillieu will be marketing the office complex at Ngee Ann City, the firm represents100 words
-
Article64 1991-05-25 2 TAKASHI UNO, general manager of the Bank of Tokyo, has been appointed by the President to the Board of Commissioners of Currency. Mr Uno serves his term from May 1 1991 to Jan 31 1993. He replaced Mr Yasuo Yamada from the Mitsui Taiyo Kobe Bank,64 words
-
Article71 1991-05-25 2 RESERVISTS' allowance is being revised in line with the Singapore Armed Forces' efforts to recognise the contribution of reservists to defence. Dr Lee Boon Yang, Senior Minister of State for Defence yesterday announced that the Defence Ministry will take into account the military experience and seniority of71 words
-
-
Article, Illustration345 1991-05-25 2 Teh Hooi Ling - Singapore office will be first in an Asean network By Teh Hooi Ling SENSING the potential in Asean countries, the Walt Disney Company is sending in Mickey Mouse, Donald Duck and Goofy to go after a portion of the increasing disposable income in345 words
-
162 1991-05-25 2 Jean Wee - By Jean Wee THE GOVERNOR of South Sulawesi in Indonesia is keen to see Singapore investments in his region. "We need Singapore's linkages to promote our products all over the world," said Professor H A Amiruddin, who was in Singapore yesterday for a seminar to162 words
-
Article167 1991-05-25 2 DISNEY Consumer Products, with the help of police, raided five companies trading in counterfeit Walt Disney clothing last Friday. Lawyers representing Disney Consumer Products International had taken out warrants against the traders, who were infringing Singapore's copyright law by using Disney trademarks without legal title. The167 words
-
266 1991-05-25 2 Corinne Kerk - By Corinne Kerk KATO SPRING (Singapore) yesterday officially opened its new $25 million factory in Bedok, which occupies 12,000 sq m of space, or four times as large as its old premises at Chai Chee. The company, which was established in266 words
-
164 1991-05-25 2 THE Monetary Authority of Singapore (MAS) has developed a computer network (Masnet) which will not only link financial institutions with the authority but with each other as well. The network will encompass all banks, merchant banks, insurance companies and finance companies, and will164 words
-
-
SHIPS IN PORT
-
Article466 1991-05-25 2 Vessel Vcy Wo Brth Vnvi Pgrtff Keppei Wharves G Enterprise 004 K34 alongside 25.05/2300 Jin Feng 91/5 K32 alongside 29 05/0600 Kota Maiu E-898 K31 alongside 29 05/2300 Gotd Africa 5E K29 25 05/1030 26 05/0600 La Rioja 37EB C10 24.05/1730 25.05/2359 Siiinsiw Maru 1 K30 25.05/0200 27.05/0600466 words
-
Article1377 1991-05-25 2 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookiij/Batance Rsfts Ship Voy No Etb/Btr Period From To From Ad Goncharov 28SI91 26/0700 1 21/1500 21/1659 24/1900 Aka Bhum 493N 26/22*5 2 24/1700 25/0659 25/0900 4 25/1200 25/1459 25/1700 A* aid 902 26/0015 1 24/1500 24/1659 24/19001,377 words
-
-
SINGAPORE – MALAYSIA COMPANY NEWS
-
Article, Illustration535 1991-05-25 3 Rahita Elias - It will go under new holding company with other related firms By Rahita Elias TRANS-ISLAND Bus Services (TIBS) and other related companies will soon be brought under the umbrella of a new holding company, TIBS Holdings, following a major restructuring exercise. This will better535 words
-
Article196 1991-05-25 3 Bernama LABUAN The ailing Sabah Gas Industries Sdn Bhd, which forms part of the M 52.4 billion (551.54 billion) Sabah Gas Utilisation Project, is expected to be privatised within the next two months, its managing director, Mr Mohd Yusoff Nair, said yesterday. The federal governmentBernama - 196 words
-
211 1991-05-25 3 PRINTED circuit board maker Pentex-Schweizer Circuits Ltd (PSC) has sold a factory building originally intended for its fully-owned subsidiary for $3.05 million. The building at 5 Tuas Avenue 10, belonging to Pentex Circuits Pte Ltd (PCPL), was bought by Biau Sim Paper Industries. The211 words
-
602 1991-05-25 3 MARKET TALK IN JUST three days, the Kuala Lumpur Stock Exchange Composite Index has risen nearly 42 points, or 7 per cent, to 625.81 just 6.4 points short of its all-time high of 632.22 set last Aug 1, 1990. What's more,602 words
-
503 1991-05-25 3 William Chia - From William Chia in KUALA LUMPUR PROMET BHD will sell about 20 to 25 per cent of its properties to bring the company back to its original core business and to fund its Langkawi Resort project, its chief executive and managing director,503 words
-
COMPANY BRIEFS
-
23 1991-05-25 3 TAT LEE Finance yesterday requested a suspension in the trading of its shares from Monday pending an announcement.23 words
-
Article49 1991-05-25 3 AN additional 115.2 million Burwill shares arising from its open offer of one-for-four at HKS7S cents will be traded i'? m ->^ day on the SES A,so lisled on th e same day in lots 20,000 units will be 115.2 million warrants 1994 of the Hongkong company.49 words
-
Article57 1991-05-25 3 THE SES has asked garment manufacturer and property owner Wing Tai Holdings for additional information on its joint venture with G2OOO International and Great Malaysia Textiles. It wants to know the amount of the consideration and whether Wing Tai's directors or substantial shareholders have any direct57 words
-
Article26 1991-05-25 3 MR Freddy Lee Thiam Yew, managing director of stockbrokers J Ballas, has been appointed to the board of Sun Corporation Ltd.26 words
-
20 1991-05-25 3 LAWYER Michael Hwang resigned from the board of The Straits Trading Company on Thursday, May 23.20 words
-
Article28 1991-05-25 3 WITH the death of Mr Lim Boon Siang, Alexandra Holdings' board now comprises Messrs Robert Seet, Tang See Chim, Michael Seet and Goh Kee Song.28 words
-
-
Article226 1991-05-25 3 Bernama KUALA LUMPUR MBF First Property Fund is acquiring the Bangsar Shopping Complex in the prime Bangsar residential area here for Msso million (Ss32 million) from Bandaraya Development Corp Bhd, subject to the approval of the relevant authorities. The company said in a statementBernama - 226 words
-
345 1991-05-25 3 THE COMMITTEE on Rubber Trading set up by the Ministry of Trade and Industry (MTI) has agreed on all matters relating to the privatisation of the Rubber Association of Singapore (RAS) by July 1, RAS chairman Patrick Hays said. The committee, which oversees the privatisation345 words
-
-
Page 3 Advertisements
-
Advertisement300 1991-05-25 3 AN INTERNATIONAL REAL ESTATE Irffcv EVENT OF THE YEAR BP! -x 42ND WORLD CONGRESS IN REAL ESTATE 111 Snt s "EXCELLENCE IN REAL ESTATE" f M-m 26TH MAY 31ST MAY 1991 ~i 'I'vuifi"-! SINGAPORE I RAFFLES CITY CONVENTION CENTRE ORGANISER: INTERNATIONAL REAL ESTATE FEDERATION FIABCI (SINGAPORE CHAPTER) REAL ESTATE DEVELOPERS300 words
-
-
REGIONAL/INTERNATIONAL COMPANY NEWS
-
COMPANY BRIEFS
-
83 1991-05-25 4 TURIN Fiat SpA said it is negotiating to buy a 30 per cent stake in the Soviet Union's car manufacturing holding VAZ and may eventually participate in the firm's management. The statement did not give financial details. The car maker said a memorandum83 words
-
Article83 1991-05-25 4 ISLAMABAD Pakistan offered its large state telecommunication corporation for sale in a move which a government official said could raise up to $5 billion. "We expect anything between $3 to $5 billion," he said. The auction invites offers for buying the Pakistan Telecommunications Corporation (PTC) as83 words
-
Article68 1991-05-25 4 MILAN A spokesman for the Benetton family holding Edizione Holding SpA said the firm had been approached about taking a stake in athletic footwear maker LA Gear Inc, but was not interested in the investment. Edizione controls sportwear maker Benetton Group SpA and tennis racket68 words
-
103 1991-05-25 4 SYDNEY Australian robotics company Branch and Associates Pty Ltd said it has signed a technology agreement with Samsonite Corp one of the world's top suitcase firms to make a case which will not get lost at airports. The "robotic suitcase" could be developed to103 words
-
Article81 1991-05-25 4 LONDON Holding company Suter pic said its pre-tax profits in the first half of 1991 should show some definite improvement against the same period last year. Many of the difficult trading conditions experienced in the second half of 1990 were continuing, chairman Mr David Abell Hold81 words
-
Article74 1991-05-25 4 TOKYO Bridgestone Corp is going to sell 190 billion yen (552.43 billion) for US dollars by the end of this month to increase investment in its wholly owned US unit Bridgestone/Firestone Inc. Currency dealers said the planned buying by Bridgestone should help limit the dollar's downside74 words
-
-
299 1991-05-25 4 Reuter TAIPEI The Formosa Plastics group, Taiwan's largest private industrial conglomerate, says strong exports to China and Southeast Asia will lift its business this year despite difficulties at home. "Last year was hard for the group, but good Asian business should makeReuter - 299 words
-
252 1991-05-25 4 Reuter SYDNEY The fall in the share price of transport group TNT Ltd is likely to continue as concern about its financial position lingers, analysts said. TNT shares, which plunged 33 per cent to a close of $1.12 on Thursday from a 1991Reuter - 252 words
-
639 1991-05-25 4 AFP TOKYO Japan's trading giants announced on Thursday modest increases in earnings for the year to March, with Sumitomo Corp overtaking Mitsui and Co Ltd as the country's second most profitable trader. Earnings of the six main companies grew by less thanAFP - 639 words
-
Article, Illustration226 1991-05-25 4 Reuter NEW YORK The American Telephone and Telegraph Co has tentatively agreed to lease its headquarters building (the atrium of which is shown above) to Sony Corp, The New York Times reported. Neither company would comment on whether they were negotiatingReuter - 226 words
-
555 1991-05-25 4 Reuter TOKYO Big Japanese electronics firms on Thursday announced lacklustre profits for the year to March 31, with some saying they expect no major improvement this year. Investors, however, may take comfort from the fact that the companies' figures were not worse than expected,Reuter - 555 words
-
366 1991-05-25 4 FT BRUSSELS The European Commission has told Tetra Pak, the Swiss liquid packaging group, that it could proceed with its Skr 16.25 billion (554.7 billion) bid for Alfa-Laval, the Swedish dairy and food processing equipment company, which has been heldFT - 366 words
-
470 1991-05-25 4 AFP LONDON British Telecommunications, the former state telephone monopoly privatised in 1984, said on Thursday that its pre-tax profit rose 34 per cent, in the year to March, to £3.07 billion (555.3 billion) from £2.3 billion ($3.96 billion) in the previous year. TheAFP - 470 words
-
212 1991-05-25 4 Reuter MELBOURNE Foster's Brewing Group Ltd said it expects to make further asset sales by June following the sale of three major investments this week. It said it had finalised the sale of its brewing materials and international wool businesses and partReuter - 212 words
-
-
FINANCIAL NEWS
-
Article, Illustration444 1991-05-25 5 S N Vasuki - By S N Vasuki SINGAPORE Mitsubishi Bank Limited is entering the highly competitive merchant banking business in Singapore by establishing a subsidiary here. MBL Merchant Bank (Singapore) Ltd will open for business on Monday with a staff of 10 and a paid-up capital of444 words
-
179 1991-05-25 5 AFP RIYADH Profits at the Gulf Investment Corporation plunged from US$55 million (*****5 million) in 1989 to US$lO million last year partly because of the Gulf crisis, GlC's president Khaled AlFayez announced on Wednesday. The GIC had expected profits of US$7O million for -1990,AFP - 179 words
-
Article, Illustration613 1991-05-25 5 DBS Bank weekly currency review US$/DM: Bull trend intact, but THE market was greeted with a rude shock during New York trading last Friday as the US dollar catapulted 465 points from the day's 1 low of 1.6955 marks to a high of 1.7420 marks613 words
-
326 1991-05-25 5 Reuter NEW YORK Bankers Trust New York Corp does not expect major credit losses from either its real estate or highly leveraged loan portfolio, Chief Credit Officer Joseph Manganello said at an analysts' meeting on Thursday. He said the recession will continue throughReuter - 326 words
-
499 1991-05-25 5 Govt bows to US pressure Asahi TOKYO Japan's Financc Ministry will deregulate savings account interest rates by the end of 1993 in a bid to meet US demand for liberalisation of the Japanese financial market, a ministry spokesman said recently. The Ministry ofAsahi - 499 words
-
297 1991-05-25 5 Reuter FRANKFURT Citibank AG, the German subsidiary of Citicorp, transferred a profit to its US parent in 1990 after nearly tripling off balance sheet earnings, management board chairman Guenter Rexrodt said. Mr Rexrodt told reporters the US parent would receive 12.3 million marks (S$Reuter - 297 words
-
SMALL CHANGE
-
114 1991-05-25 5 LONDON European companies looking to expand as their economies emerge from recession accounted for the largest part of venture capital funds invested in 1990, a survey by the European Venture Capital Association said. Expansion finance grew in volume terms to 48.2 per cent of114 words
-
Article100 1991-05-25 5 HAMBURG Deutsche Bank AG's operating profits, for both the group and the parent company, rose by about 20 per cent during the first four months of 1991 from the same period last year, Deutsche Bank chief executive Hilmar Kopper said. Mr Kopper said at the100 words
-
Article61 1991-05-25 5 MOSCOW The St Petersburg stock exchange, founded by Tsar Peter the Great in 1705, reopened officially for business in Leningrad on Thursday after a break of some seven decades. Run by an association of 250 Soviet enterprises, banks, private entrepreneurs and brokers, it has an initial61 words
-
Article61 1991-05-25 5 LONDON The administrators of British and Commonwealth Merchant Bank (BCMB) said they had agreed in principle to sell the bank to Royal Bank of Scotland Group pic unit Charterhouse for an undisclosed amount. BCMB was a subsidiary of British and Commonwealth Holdings, one of the largest61 words
-
-
Article, Illustration529 1991-05-25 5 Reuter SAN FRANCISCO BankAmerica Corp is focusing on balancing its expansion plans with the need to control expenses in the face of what is proving to be a longer, rather than shorter, recession, chairman Richard Rosenberg said. "Bank America is not immuneReuter - 529 words
-
-
Page 5 Advertisements
-
Advertisement70 1991-05-25 5 A worldwide Marketing Research Company based in the USA is looking for a local partner for new investments and setting up a branch office in Singapore. If your company is a well-established marketing research company, please send the following information to P.O. Box 84-741, Taipei, Taiwan, before 1 June 199170 words
-
-
Page 5 Miscellaneous
-
THE REGION
-
Article, Illustration449 1991-05-25 6 Harish Mehta - His top priority would be to unite the nation From Harish Mehta in MANILA PHILIPPINE Vice-President Salvador Laurel, openly airing his presidential ambitions, says that if he became president in 1992 his top priority would be to set up a brains449 words
-
229 1991-05-25 6 Bernama IPOH Perak has taken another big step towards becoming the country's centre for the ceramic industry through a proposed joint venture with a British company to mine and process its estimated 400 million tonnes of ballclay reserves. Mentri Besar Tan Sri RamliBernama - 229 words
-
191 1991-05-25 6 SYDNEY Australian Prime Minister Bob Hawke said he is prepared to let the Budget go into deficit for the first time in four years in the 1991/1992 (July/June) fiscal year. Asked in an interview with the national daily, The Australian, if the government was prepared191 words
-
NOTE BOOK
-
69 1991-05-25 6 KUALA LUMPUR The 1990s will be an era of mergers and acquisitions for Malaysian companies, Mr Martin Rafferty, an Irish banker and independent international lecturer said on Thursday. The rapid development of Malaysia's industrial sector has resulted in some companies running out of the69 words
-
Article88 1991-05-25 6 MANILA The Philippines will negotiate with the International Monetary Fund (IMF) for a higher Budget deficit ceiling for 1992, to provide more leeway in its expenditures. Budget Secretary Guillermo Carague said. He told reporters Manila wants a higher ceiling of 7.8 billion pesos (SS4B3 million)88 words
-
Article62 1991-05-25 6 WELLINGTON New Zealand's trade surplus quadrupled in April to NZ$222 million (***** million) over the same month last year, Statistics Department figures showed on Friday. The April figure compared with a NZ$55 million surplus for the same month last year. Exports in April totalled NZ51,349 million,62 words
-
Article81 1991-05-25 6 KUALA LUMPUR The Malaysian economy is moderating as the global economy deteriorates, but buoyant domestic demand is likely to help it achieve expansion in excess of 8 per cent this year, and a favourable level of 7 per cent in 1992, Arab-Malaysian Securities Sdn Bhd says. "By81 words
-
-
163 1991-05-25 6 Reuter ZURICH Asian textile producers stepped up investment in 1990, with India and Indonesia taking record shipments of spinning machinery, the International Textile Manufacturers Federation (ITMF) said on Thursday. Asia also increased its intake of weaving machinery. Its deliveries of shuttle-less looms were upReuter - 163 words
-
-
Page 6 Advertisements
-
Advertisement2457 1991-05-25 6 /v!\ (ftolbtn Caatle |jCf| Wl CORPORATION LIMITED ■/W I JuL m (incorporated in Singapore) AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 31 DECEMBER 1990 9. OTHER PAYABLES AND ACCRUALS Group CQITHUny Group Company Nfllfla 139Q 1889 188Q 18fl8 199 C 1468 I®9Q 1989 SS SS SS SS S$ S$2,457 words
-
-
THE WORLD
-
Article, Illustration625 1991-05-25 7 Salil Tripathi - Party must now learn to live without the clout of the Nehru-Gandhi family By Salil Tripathi SINGAPORE Finally, it required an outsider who had not grown up in the Indian milieu, to tell India's Congress (I) Party leaders to grow up and625 words
-
334 1991-05-25 7 AFP STOCKHOLM The US and Soviet Union were the two biggest suppliers of conventional weapons in 1990, accounting for 69 per cent of deliveries throughout the world, a research body stated here yesterday. The Stockholm International Peace Research Institute (Sipri), markingAFP - 334 words
-
488 1991-05-25 7 First increase in four months points to economy stabilising NYT WASHINGTON Orders for durable goods from American factories climbed 2.9 per cent in April, the Commerce Department said on Thursday. The rise, the first in four months, was seen as further evidence that theNYT - 488 words
-
Article, Illustration50 1991-05-25 7 Reuter SEOUL Chung Won-shik, 62, was named by President Roh Tae-woo yesterday as South Korea's new prime minister after Premier Ro Jai-bong resigned on Wednesday. Mr Chung's appointment was viewed as the first stage of a Cabinet reshuffle aimed at calming weeks of anti-government protests. ReuterReuter - 50 words
-
397 1991-05-25 7 Reuter WASHINGTON The House of Representatives on Thursday endorsed President George Bush's request for special authority to open free-trade talks with Mexico and complete global talks on reforming the world's trading system. The House rejected a resolution by Representative Byron Dorgan, a NewReuter - 397 words
-
250 1991-05-25 7 Reuter OTTAWA Canada, still assessing whether its freetrade accord with the US has been a boon or bane, is set to begin talks to create a continental bloc emboldened by the blessing of foreign investors. Talks may begin in June to createReuter - 250 words
-
WORLD WATCH
-
82 1991-05-25 7 BONN Imports into eastern Germany plunged by 58 per cent to 3.2 billion marks (553.4 billion) and exports fell by 40 per cent to 5 billion marks in the first quarter of 1991, the federal statistics office said on Thursday. Eastern Germany's trade surplus rose82 words
-
Article136 1991-05-25 7 WASHINGTON A sudden collapse of Japan's real estate market could set off a chain reaction spelling disaster for the world economy and developing countries in particular, a World Bank report said on Thursday. Falling property values would hit Japanese banks harder than the recent slide136 words
-
91 1991-05-25 7 PARIS Egypt was looking for a US$l3 billion (Ss23 billion) to US$l4 billion reduction of its debt to Western official creditors and Japan as a high-powered Egyptian delegation sat down here on Thursday for a final round of bargaining with creditor governments in the91 words
-
Article88 1991-05-25 7 WASHINGTON US farm exports to the Soviet Union could drop 20 per cent in 1991 to the lowest level since 1987, according to a US Agriculture Department report. In 1990, exports dropped to US$2.3 billion, a 37 per cent drop over the US$3.6 billion88 words
-
Article66 1991-05-25 7 TOKYO The Japanese economy continued to expand for the 54th consecutive month in May, helped by firm domestic demand, the Economic Planning Agency (EPA) said yesterday. The agency, quoting previously announced economic indicators, said in its monthly report that the two main engines of the economy66 words
-
Article80 1991-05-25 7 LONDON Britain's current account deficit was £339 million (S$ 1,017 million) in April, little changed from the £336 million for March, the government said on Thursday. It brought the deficit for the first four months of the year to £1.660 billion, the Central Statistical Office80 words
-
Article78 1991-05-25 7 STOCKHOLM World military spending fell again last year, totalling 5 per cent less than in 1989 due mainly to a drop in arms expenditure by the US and Moscow, according to annual figures released yesterday. The study was made by SIPRI, the Stockholm International Peace Research78 words
-
-
226 1991-05-25 7 FT TOKYO The US and Japan have failed to settle a dispute over foreign access to Japan's construction market, and American officials have warned that sanctions would be imposed on Japanese construction companies in the US unless there is a resolutionFT - 226 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration4876 1991-05-25 8 Lilian Ang - By Lilian Ang SHARE PRICES on the local market edged several notches higher yesterday, riding on the back of interest in both Malaysian and Singapore heavyweights. Analysts say trading was fairly brisk as talk that a greater proportion of the Malaysian Employees'4,876 words
-
-
Article3580 1991-05-25 9 Main Board NatSteel 1080 50 +4.9% K Kellas 25p 255 +20 +8.5% NatSteel Wt 378 6 +4.4% UOBWt 336 6 F5.0% Jurong Ship 50* 9115 +15 f ■>'">% Semb Shipyard 705 +15 OUB 545 5 +28% Inchcape 44. 14 Tiger Balm 20« 180 I JJJ3,580 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration4155 1991-05-25 10 Bernama THE Kuala Lumpur stock market rose to a new 1991 high in active trading yesterday on sustained interest in quality stocks. The KLSE Composite Index rose 14.24 points, or 2.33 per cent, to 625.81, edging closer to the all-time high of 632.22Bernama - 4,155 words
-
-
Page 10 Advertisements
-
Advertisement145 1991-05-25 10 BANKING, FINANCE INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement Is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the topics145 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2224 1991-05-25 11 TOKYO STOCKS closed easier yesterday, pulled down by profit-taking and position clearing by dealers after Thursday's rise of nearly one per cent. Selling of small float stocks helped pull the Nikkei average down, while morning dealer trading of large capitals boosted volume. 'investors aren't coming2,224 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration1957 1991-05-25 11 Reuter HONGKONG SHARES closed sharply lower as afternoon selling by overseas institutions compounded early dumping by local investors depressed at the failure of Sino-British talks on a new airport for the territory. "It's been relatively quiet trade, but the market was slippingReuter - 1,957 words
-
-
Page 11 Advertisements
-
Advertisement32 1991-05-25 11 Prices for Tokyo are provided by Telerate L Prices for Hongkong are provided by Telerate j Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.32 words
-
-
REGIONAL STOCK MARKETS
-
Thunderstorm hits Thai stock market
-
Article712 1991-05-25 12 AUSTRALIAN shares closed higher in mixed trade yesterday focusing on fur- ther falls in the local currency. Brokers said the dips in the dollar pushed local and some offshore investors to take profits, while attracting foreign buyers looking for cheaper shares in export companies. "Companies which export will boost712 words
-
Article787 1991-05-25 12 IN BANGKOK, a thunder storm knocked out power supplies for nearly 40 minutes yesterday, paralysing banking activity and disrupting stock market trading. Stock brokers said trading in some shares was suspended when computers were affected by the power cut. Transactions on stocks traded manually by brokers continued normally. Brokers787 words
-
Article130 1991-05-25 12 IN WELLINGTON, the placement of 54 million shares by Carter Holt Harvey yesterday took potential buying pressure out of the share market, forcing stocks lower at the close. "The placement (to foreign institutions) was at first very encouraging because it showed some confidence by the overseas investors. But130 words
-
Article486 1991-05-25 12 PHILiPPINE shares bounced back from a day's fall as traders chased their fa- vourite stocks yesterday, pushing the main index up to a 17-month high. Manila's Composite Index closed at 1,194.31, up 27.56 points from Thursday, to hit its highest level since December 1989. Philippine Long Distance Telephone reached486 words
-
Article802 1991-05-25 12 UNFOUNDED rumours that the cen- tral bank is determined to freeze further credit pressured the already lacklustre Seoul stock market yesterday, brokers said. A central bank official denied the rumours. "Actually, money supply (M-2) as of May 22 rose 19.5 per cent (from May 1) but...we didn't decide to802 words
-
Article385 1991-05-25 12 SHARE prices finished lower yesterday in Taipei, largely because of weak Financials. Investors were nervous about newspaper reports the Finance Ministry would sell more of its shares in commercial banks. The Weighted Index closed 68.57 points lower at 6,089.60 compared with Thursday's 6,158.17 finish. Turnover was a moderate NTS6O.I385 words
-
Article91 1991-05-25 12 THE Bombay Stock Exchange (BSE) was closed yesterday to mark the cremation rites for former prime minister Rajiv Gandhi. Trading resumes on Monday. On Thursday, the BSE index rebounded sharply from 1,295.40 at the opening to 1,321.88 before closing at 1,314.89, down 5.65 points from Tuesday's close. The market91 words
-
Article1143 1991-05-25 12 Close Previous May 24 SYDNEY All Ordinaries Index 1535.3 1,533.1 +2.2 All Industrials Index 2.401.4 2,398.1 +3.3 All Resources Index 875.6 874.3 +1.3 Turnover (million) 113.22 23.04 +90.18 BANGKOK SET Index NA 800.73 Turnover (million baht) NA 2,600 JAKARTA Composite Index NA 403.50 MANILA Composite Index 1,194.31 1,166.75 +27.56 Turnover1,143 words
-
-
-
Page 12 Advertisements
-
Advertisement17 1991-05-25 12 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT.17 words
-
Advertisement18 1991-05-25 12 2 All prices are provided by Telerate 2 except for Taipei prices which are 1 provided by Reuters18 words
-
-
WORLD STOCK MARKETS
-
German share rally likely to continue
-
Article, Illustration1142 1991-05-25 13 THE STOCK market pulled back on Thursday as traders locked for signs of life in the economy. The Commerce Department reported that new factory orders for durable goods increased 2.9 per cent in April, recording their first gain in four months. The figure, which came in a shade1,142 words
-
Article, Illustration708 1991-05-25 13 SHARES rose on London's Stock Exchange on Thursday, boosted by hopes for a full-point cut in British interest rates in the near future. But dealers said trading was slack, because of the Monday holiday in the United States and Britain. The Financial Times-Stock Exchange 100-share index rose 16.9 points,708 words
-
Article254 1991-05-25 13 DUTCH shares were pushed lower by some profit-taking in early trading yesterday. Business was minimal ahead of long holiday weekends in the US and Britain, dealers said. The CBS tendency index fell four points to 93.5 at the opening but had picked up to 93.7 by 0915 GMT. "They254 words
-
Article489 1991-05-25 13 THE OPTIMISM that has swept German share prices nearly four per cent higher in the last week is expected to continue propelling shares upwards, but traders and analysts do not see the market igniting into a red-hot rally. Strong gusts of foreign buying in recent days sent the 30-share489 words
-
Article280 1991-05-25 13 FRENCH shares began the new monthly trading account yesterday with a modest rise as investors dipped into the market but were hesitant to take a plunge, traders said. The CAC-40 index rose 4.51 points, or 0.25 per cent, to 1,818.22 at 0817 GMT in trade of 236 million francs.280 words
-
Article267 1991-05-25 13 SWISS share prices opened lower in quiet pre-weekend trading yesterday mainly due to a lower Wall Street. Dealers said investors remained cautious about the development in international markets. The SMI index of leading shares fell 5.3 points, or 0.31 per cent, to 1,687.4 in early trading. Among industrials Nestle267 words
-
Article378 1991-05-25 13 IN JOHANNESBURG, share prices opened steady in slow trading yesterday as the stock market continued to take a breather after the strong upswing earlier this week, dealers said. In the absence of any fresh factors little action is expected ahead of the weekend, they said. At 10:30 the JSE378 words
-
Article97 1991-05-25 13 SWEDISH shares recovered from an early dip and closed broadly up from Wednesday after news that the European Commission had approved January's Tetra Pak bid for Alfa Laval, dealers said. The bourse general index rose 0.46 per cent to 1,066.24 in turnover of 488 million crowns. Blue chips rose97 words
-
Article281 1991-05-25 13 TORONTO stocks closed flat, with investors continuing to wait for further signs of the market's direction on Thursday, dealers said. US Economic figures were slightly more bullish than expected but were not a clear sign the economic downturn has bottomed, they added. The composite index officially closed off 1.66281 words
-
Article159 1991-05-25 13 ITALIAN shares are expected to open steady to firmer from Thursday's close, with foreign orders continuing to keep the market buoyant. "Yesterday was a good day and we could see some follow-through activity this morning," one Milan broker noted. On Thursday, the MIB all-share 4Ddex closed 1.44 per cent159 words
-
Article202 1991-05-25 13 Brussels May 23 Francs FORWARD MARKET Acec 2420 90 Arbed 4180 50 Astur 9% 10 Brascan 5% 12 Canpac 590 570 Cock 177 +5 I)c Beers 838 8 Ebcs 8400 7066 Gb-lnno-Bm 1382 18 Gevaert 7120 +90 Gr Bru Lamb 3705 5 j Hobok Petro ***** 450 Ryl Dutch 2865202 words
-
-
-
Page 13 Advertisements
-
Advertisement42 1991-05-25 13 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times. LianHe Zaoßao, Berita Harian. Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840. Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.42 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1210 1991-05-25 14 REPORTS Tokyo: The dollar closed firmer against the yen in Tokyo yesterday on moderate pre-weekend short-covering, and dealers expect it may firm a bit more overseas as short-covering continues before a three-day weekend in New York and London. Trade was thin in1,210 words
-
Article387 1991-05-25 14 Cross rates May 24 USS SS MS Dm Yen SFr AS NZS USS 1.7685 2.7560 1.7130 137.80 0.5767 1.4570 1.3158 1.7182 SS 0.5655 1.5584 0.9686 0.7792 0.3261 0.8239 0.7440 0.9716 MS 0.3628 64.17 0.6216 0.5000 0.2093 0.5287 0.4774 0.6234 Dm 0.5838 1.0324 1.6089 80.44 0.3367 0.8506 0.7681387 words
-
Article557 1991-05-25 14 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 3/16 5 5/16 2-month 5 1/4 5 3/8 3-month 5 5/16 5 7/16 Overnight mode: 5-1/2 LSft Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months 5 15/16 6 1/16 3 months 5557 words
-
489 1991-05-25 14 Reuter NEW YORK The wave of the future is crashing on the shores of the US bond industry. In the next few weeks two innovations of the electronic age are expected to go live one will broker trades and one will increase accessReuter - 489 words
-
172 1991-05-25 14 Reuter PARIS France has decided to allow government securities to be stripped into interest coupons and principal payments, and for the two components to be traded separately, the Finance Ministry said on Thursday. Traders said that currently interest and principal payments on governmentReuter - 172 words
-
Article1133 1991-05-25 14 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.93 9194 9192 9193 1300 ***** 1272 Sep 91 93.73 93.73 93.72 93.73 2175 ***** 3990 Dec 91 93.25 93.25 93.24 93.25 850 ***** 2273 Mar 92 93.07 93.08 93.07 93.07 550 6877 972 Jun 921,133 words
-
-
COMMODITIES
-
468 1991-05-25 15 Reuter LONDON Robusta coffee is approaching its cheapest level for almost 16 years in London and although few believe the bottom has been reached there is a growing feeling it might not be too far away, traders here said. "I thinkReuter - 468 words
-
237 1991-05-25 15 Reuter DHAHRAN Saudi Arabia's march towards higher oil output capacity is not faltering and an extra 1.5 million barrels per day (bpd) should be added to its current 8.5 million by the end of 1994. Gulf oil industry sources said the first extraReuter - 237 words
-
812 1991-05-25 15 REPORTS Singapore: Rubber prices closed little changed in dull and featureless trading yesterday. RSS 1 June buyers closed at 145.50 cents a kg, down 0.25 cent from Thursday's finish and TSR-20 June buyers at 140.75 cents, unchanged from yesterday. "Nothing much happened. The812 words
-
-
Article1354 1991-05-25 15 Rubber May 24 F MS (tefc hi tote*) S cents/kg Noon Close Inl I RSS Prompt 143.50/144.50N 143.50/144.50N lnt 1 RSS June 91 145.50/146.00 145.50/146.00 n RSS July 147.00/147.50 147.00/147.50 j lnt 2 RSS OP 143.00/145.00N 143.00/145.00N lnt 3 RSS OP 139.00/141.OON 139.OOZ14I.OON J lnt 4 RSS OP 135.50/137.50N1,354 words
-
Page 15 Advertisements
-
Advertisement1139 1991-05-25 15 rro'TTc e r IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF A TOP ENTERPRISES PTE LTD (In Member* 1 Voluntary Liquidation) NOTICE OF FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap. SO. that a Final1,139 words
-
Advertisement11 1991-05-25 15 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
-
-
471 1991-05-25 16 Catherine Ong - Another round of interest rate increases Ffan Catherine Ong in HONGKONG THE Hongkong government will announce a package of measures next week to curb soaring inflation as the territory braces itself for another round of interest rate rises. At the same time, the government471 words
-
372 1991-05-25 16 AFP LONDON British base rates were cut half a percentage point yesterday from 12 to 11.5 per cent in a bid to shake off a nine-month-old recession. The Bank of England announced the half-point cut in the rate atAFP - 372 words
-
247 1991-05-25 16 Reuter TOKYO European Community Commission President Jacques Delors clashed on Thursday with senior Japanese businessmen over the EC's plan for one quota for all Japanese cars in Europe after 1993. At a breakfast meeting, members of the Keidanren, Japan's top business group,Reuter - 247 words
-
314 1991-05-25 16 Rahita Elias - By Rahita Elias SINGAPORE Telecom is interested in moving into the recently liberalised Australian telecommunications industry. A company spokeswoman told BT that Singapore Telecom was thinking about entering the Australian market. However, she explained that plans are still at the very preliminary stage, adding:314 words
-
311 1991-05-25 16 Both gave in to some demands, say analysts Reuter TOKYO Japan and the US have reached agreement on most of the issues in tough trade talks to renew a semiconductor pact that expires in July, a senior Foreign Ministry official said onReuter - 311 words
-
Page 16 Advertisements
-
Advertisement105 1991-05-25 16 ICHARTPOINTI Every Saturday in Business Times I APPLICATION FOR MEMBERSHIP I same design standard as the world renowned Serapong Course. In addition to the existing memorable and exciting I Hole N0.2, several new and equally exciting holes will be planned. Zyosia grass will be used to turf the fairways and105 words
-
Advertisement6 1991-05-25 16 ICHARTPOINTI Every Saturday in Business Times6 words
-
-
Executive Lifestyle
-
Article, Illustration972 1991-05-25 17 Nirmal Ghosh - Nirmal Ghosh evaluates the changing attitudes of Singaporeans to the environment Nirmal Ghosh ALMOST exactly a year ago, an article in The Straits Times showed that Singaporeans at the time were by and large quite ignorant about the environment, and this was reflected in their972 words
-
STRAWS IN THE WIND
-
Article31 1991-05-25 17 REMEMBER our reporter who visited the Middle East recently? Well, he is still recovering from the GI missiles that decimated Saddam. Here are a few more which can be printed here:31 words
-
Article50 1991-05-25 17 WHAT is the Iraqi code of survival for its citizens? Don't think. —If you think, don't talk. If you talk, don't write it down. If you write it down, don't publish it. —If you publish it, don't sign it. If you sign it, deny it at once.50 words
-
Article19 1991-05-25 17 What did Bush tell Saddam during ceasefire? Let's have an intelligent conversation: I II talk, you listen.19 words
-
Article18 1991-05-25 17 WHY did thousands of Kuwaitis attend Saddam's funeral? They wanted to make sure he was dead.18 words
-
Article30 1991-05-25 17 TO WHAT did Bush attribute the success of the war? read so much about the dangers of going to war that I decided to give up reading.30 words
-
Article43 1991-05-25 17 AND NO joke book is complete without one in honour of Dan Quayle, the US VicePresident who visited Singapore recently: What is the name of the film made on the role of Quayle in the Vietnam war? Full Dinner Jacket.43 words
-
-
OPINIONS
-
Article, Illustration1098 1991-05-25 18 Selva Kumar - With the transformation of the COE into a strategic marketing tool, Selva Kumar says it's... Selva Kumar The writer is a BT journalist IT HAS BEEN a year since the government implemented the vehicle quota system to combat traffic congestion on our roads. Since then,1,098 words
-
846 1991-05-25 18 Tye Kim Khiat - From Melbourne, Tye Kim Khiat reports on an unsettling phenomenon he never had to face in a quarter-century here Tye Kim Khiat The writer, a former BT journalist, now works in Melbourne I STRUCK TWICE in six months. Before that, my846 words
-
-
SPORTS
-
Article, Illustration647 1991-05-25 19 Cassandra How - Cassandra How sees some tough court battles ahead over the next five weeks Cassandra How ITS THAT TIME of year again when tennis enthusiasts bask in two of the four favourite Grand Slam events the French Open and Wimbledon. Only this year, these two tournaments647 words
-
SIDE LINES
-
67 1991-05-25 19 AFP PETER SHILTON became a likely Southampton target to fill the manager's vacancy when former colleague Kevin Keegan ruled himself out of contention on Thursday. The former England goalkeeper quit his post as national goalkeeping coach on Wednesday to pursue a management career. ShiltonAFP - 67 words
-
Article72 1991-05-25 19 AP FORMER heavyweight champion Mike Tyson says he's the most famous boxer since Muhammad Ali and that, according to a lawsuit he's filed, entitles him to more money in an upcoming title bout. Anticipating a shot at champion Evander Holyfield, Tyson filed a lawsuit inAP - 72 words
-
68 1991-05-25 19 AP DANNY SULLIVAN is now a four-time winner at the Indianapolis Motor Speedway in the annual pit stop competition. Sullivan earned U5525,000 as his Patrick Racing team narrowly defeated Bobby Rahal's crew in the finals of the Miller Pit Stop event. Sullivan's crew completedAP - 68 words
-
Article86 1991-05-25 19 AFP MARTHA FOYER snatched a two-shot lead in the first round of the Corning Classic on Thursday after shooting a six-undcr-par 66. Foyer, looking for her first win after five years on the LPGA Tour, carded seven birdies including four in a row starting atAFP - 86 words
-
Article115 1991-05-25 19 AFP SPRINTER Carl Lewis was found not guilty in Houston, Texas on Thursday of a drunken driving charge stemming from an incident in January. Lewis, who holds the world records in the 100 m and 200 m, was arrested on Jan 11 and charged withAFP - 115 words
-
-
Article, Illustration325 1991-05-25 19 FOR SOME top-speed high-action water stunts and spills, get down to Kallang this weekend and catch Singapore's top skiers in action. They will be out to prove their mettle at the two-day Singapore Water Ski Federation tournament starting this afternoon, but more than just golds and325 words
-
-
EPICURE
-
Article, Illustration816 1991-05-25 20 Jennifer Lien, Michelle Low - Jennifer Lien and Michelle Low savour the Philippines and find its cuisine is Jennifer Lien, Michelle Low "Filipino food was prepared by \falay settlers, spiced by commercial relations with Chinese traders, stewed in 300 years of Spanish ride, and hamburgered by American influence on the Philippine way816 words
-
-
LIFESTYLE
-
Article, Illustration433 1991-05-25 21 S N Vasuki - S N Vasuki is tickled pink by the Rambo in suburbia S N Vasuki Sylvester Stallone may have consigned "Rambo" to the studio back-lot but Hollywood has just concocted a children's version which is proving to be equally popular. Meet Macaulay Culkin, star of the433 words
-
Article, Illustration821 1991-05-25 21 N K Yong - Italian wines are coming out of the woods, literally. N K Yong savours the fine Chiantis N K Yong IT USED to be that to get good Chiantis you would have to go abroad, preferably Italy. You will see some Antinori and Ruflfino wines821 words
-
Article, Illustration524 1991-05-25 21 Sybil Holloway - By Sybil Holloway BRIDGE AT LEAST 95 countries will be taking part in this year's Epson Bridge Contest which takes place all over the world on June 7. The expected large number of entries from the European countries (including the USSR since 1988) will524 words
-
-
PURSUITS 1
-
Article, Illustration876 1991-05-25 22 StSUg Salt ■X"£n Autobiography. By Ho Rih Hwa. rimes. 296 pages. Reviewed by Chuang Peck Ming WHAT has Ho Rih Hwa got to say about his son, Kwon Ping? That's likely to be the question to spring to mind when you lay hand on876 words
-
Article, Illustration797 1991-05-25 22 IN A COUNTRY of only about three million people, environmentalism has a real chance of altering lifestyles if the approach is integrated. That Singaporeans are more aware of environmental problems than they were a year ago is encouraging even if there are gaps that797 words
-
Article, Illustration393 1991-05-25 22 Nirmal Ghosh - Nirmal Ghosh checks out some fair souvenirs from around the world Nirmal Ghosh HE SINGAPORE Interna£l tional Trade Fair, which opens today at the World Centre, incorporates a Gift which makes it extremely aA*"friendly, almost like windowpopping in a giant international393 words
-
Article, Illustration625 1991-05-25 22 CD Review By RINGO LIEW BANANARAMA: Pop Life When the cream of Britain's music industry gathered more than six years ago to cut the Band Aid single, Bananarama was just a giggly, three-woman group roped in to play bridesmaid to such acts as Culture625 words
-
Article, Illustration1194 1991-05-25 23 Patricia Wee - Discover the secrets and beauty of ancient rainforests and bask in the sun with kangaroos and wallabies. Patricia Wee finds time for both in North Queensland at a sanctuary called Silky Oaks Patricia Wee The writer was in North Queensland at the invitation of the Australian Tourist1,194 words
-
Article, Illustration175 1991-05-25 23 A piece of the past was modelled at the Mila Schon show Historical pieces, some 20 to 30 years old, were the highlights at the Mila Schon Dinner Show held at the Mandarin Singapore last Sunday. The show not only featured Mila Schon's latest spring/ summer ready-to-wear175 words
-
Article, Illustration353 1991-05-25 23 Yeep Wai Ban - Yeep Wai Ban highlights a good way to introduce youngsters to live theatre Yeep Wai Ban GOOD NEWS to all Sesame Street fans! Bert and Ernie, Cookie Monster, Grover, Oscar the Grouch and Big Bird will be stepping off the TV screen to353 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
DON'T QUOTE ME!
-
Article213 1991-05-25 24 Lee Han Shih - Compiled by Lee Han Shih DO SAVU TOWER, Takashimaya Mall and Sinconex sound familiar? Fear not, they soon will be. Unless the owners change their minds, these are what some of the more prominent buildings now coming up in Singapore will be called. Savu213 words
-
Article90 1991-05-25 24 WE HEARD that UDMC, which just put up the fonner residence of the chief justice for rent, is thinking of raising the rent of another stately building Command House at Kheam Hock Road. The huge mansion (11 gardeners in British days, when it was the residence90 words
-
-
Article, Illustration406 1991-05-25 24 Chew Eng Han - Traders expecting higher range of sto 5 3 4 per cent. Cnew Eng Han reports Chew Eng Han SINGAPORE interbank interest rates have edged up by about 3/4 of a percentage point in the last two months to 5'A per cent currently and are expected406 words
-
Article, Illustration712 1991-05-25 24 Najeeb Jarhom - a+Mgr By Najeeb Jarhom THE prolonged consolidation in Malaysian shares has finally paved the way for a longawaited rally this week. But any active participation by lower-liner speculative stocks at such an early stage could make the quality of the runup suspect. Moreover,712 words
-
Article, Illustration548 1991-05-25 24 Reuter THE New York Stock Exchange's move to launch after-hours trading will propel it into the world of global trading but some Wall Street professionals say the largest US exchange is making the trip in small, uncertain steps. Last Monday, theReuter - 548 words
-
Article904 1991-05-25 24 Prices (as at 24.05.91) Conversion twins Premium/ Expiry 1 (discount) Amount Optional" using Company (mil Wrts Share Loan Com Exer Lnstk Cash Cash Loan Gearing, Date units) stock ratio price nom Stk 2 Loll value CAC Wt 37 5 2.720 5.500 1.00 3 09 6 2.02904 words
-
Article, Illustration978 1991-05-25 25 Shoeb Kagda - Investors are marrying their pursuit of profits with the protection of the planet, notes Shoeb Kagda Shoeb Kagda Apartheid, war and pollution topics that have dominated the world's headlines in recent years have also been at the centre of a fast-growing unit trust fund market in978 words
-
Article, Illustration502 1991-05-25 25 S N Vasuki - By S N Vasuki THERE is good news for keen investors in American stocks. A leading American portfolio strategist, Marshall Acuff, told BT that during this summer's traditional stock market rally, the Dow Jones Industrial Average will once again breach theSource: TeleTrac - 502 words
-
508 1991-05-25 25 Reuter JUNK bonds, which rose at a rapid pace for most of the first quarter in the US, have fallen in recent weeks on a tide of both real and anticipated portfolio sales and weak corporate earnings. Expectations for anReuter - 508 words
-
-
JOBS
-
Article, Illustration624 1991-05-25 26 Shoeb Kagda - A programme has been set up to enable large companies to put the right job structure in place. Shoeb Kagda speaks to Peter Renfrew, the man behind the method Shoeb Kagda IT STARTED as a project to help boost the ailing Australian624 words
-
Article, Illustration426 1991-05-25 26 Mr MY Yeow is promoted to the position of Country Manager of General Electric Information Services for its Singapore sales and support branch. He will be responsible for operations, with emphasis on the development of business within the banking and financial services sector and the trade and transportation426 words
-
302 1991-05-25 26 Asahi TOKYO The two Tokyo University professors seemed to have had it all: secure, interesting research and teaching positions at the nation's most prestigious academic institution. The scientific world was understandably shocked when Isao Uno, 46, and Hideo Suzuki, 53, quit their jobs atAsahi - 302 words
-
-
Article1079 1991-05-25 27 City Flight ETA Flight ETD Adelaide QF081 2000 SQ227 2200 QF082 2200 Amsterdam SQ23 1345 KL838 2115 KL837 1415 SQ24 2200 Auckland NZ21 1820 NZ22 1930 SQ338 2030 BA12 2155 Bandar Sari BI421 1105 SQ182 0915 Bagawan SQ181 1410 Bt422 1205 BI429 2030 BI430 2125 Bangkok1,079 words
-
THE TRAVEL PAGE
-
Article, Illustration789 1991-05-25 27 Sree Kumar - LETTER FROM SYDNEY Jtr Mf Jw MP Jw By Sree Kumar TO MANY visitors, Kings Cross in Sydney is a sin centre with its sex shops, gays and prostitutes striding up and down the alleys after dark. It is almost inevitable that the touts for789 words
-
Article153 1991-05-25 27 As at 3pm yesterday: LocaJ dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.330 1.330 Canadian dollar 1.S23 1.S43 NZ dollar 1.013 1.043 Sterling pound 3.057 3.077 US dollar 1.7650 1.7750 I Local dollars to 100 units of foreign currency Austrian schilling 14.50153 words
-
TRAVEL SLICES
-
64 1991-05-25 27 A NEW BAGGAGE SERVICE has been introduced at Heathrow by the Excess Baggage Company Ltd, according to the Arrival magazine. This service, offered from 0600 hrs to 2200 hrs daily, enables travellers to have their baggage delivered to anywhere in the UK on a "next64 words
-
Article63 1991-05-25 27 FROM June 1 to 30, guests to Heron Island with C-Card diving certificates will enjoy free diving as part of a night package. This package is offered by P&O Resorts and it includes accommodation and all meals. Bookings can be made through the Queensland Government Travel63 words
-
Article49 1991-05-25 27 PASSENGERS flying first class UTA (UT) might be able to select their own choice of films in the future. The airline is testing portable Bmm video players in these Boeing 747-400 flights. This is to encourage passengers to create their own favourite combination of films.49 words
-
Article43 1991-05-25 27 GARUDA INDONESIA will fly to Brisbane and Cairns two times a week starting from June 14 and September 9 respectively. There are also plans to serve Townsville in the future. For more information, contact (02) 232-6044; fax (02) 233-2828.43 words
-
Article86 1991-05-25 27 GOOD NEWS for travellers to Thailand. Thai International (TG) is offering a low cost solution, Thaipac, to those with excess baggage. According to the Arrival magazine, this shipping service costs US$3 per kg to North America, Europe and Asia. Minimum charges are 10kg plus a handling fee86 words
-
-
Article177 1991-05-25 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel May 25-29 International Milan Associas.one *****64.282 June 9-16 Poznan Poznan, Foil* *****1221 Elect rotechnics Intel International Poland Internationale Electronics Fair Poznan «u« iaQl May 27 to International Barcelona, Foire de ********** June 11-14 International Germany Mode-Woche 8V5I99U177 words
-
-
Article728 1991-05-25 28 Fist Of Fury 1991. Notice the "1991" in the movie title as this is a totally different Fist Of Fury from its predecessor. Comedian Stephen Chow proves his versatility in this mad escapade. Watch out too for the kung-fu antics in what promises to be a box-office hit. Bedok728 words
-
TIME OFF
-
Article192 1991-05-25 28 Shell Lunchtime Cultural Programme A Variation of Melodies from the Emmanuel Junior String Ensemble. Music director: Yan Ying Wing. Pianist: Tong Ru Jye. Shell Thcatrette, third floor. Podium Block, Shell Tower. May 31 at 12.30pm-1.15pm. Admission: Free Sans Toit Ni Loi (1985) The lonely adventures of a young female192 words
-
Article, Illustration296 1991-05-25 28 Arts-Landscape-Architecture This exhibition, on an Asian tour, brings together the works of leading German contemporary artists and architects. Sculptures, original graphics and drawings will be exhibited. National Museum Art Gallery. Till Sunday, 9am5.30pm. Abstracts Polymorphous Exhibition of paintings and wall sculptures by three Modern Art Society artists. The selection296 words
-
-
-
Page 17 Advertisements
-
Advertisement7 1991-05-25 17 Companies make the environment their business, EL67 words
-
Advertisement257 1991-05-25 17 iHHHHHHMHHi HISTORY IN TIME Seuton. automatic in IH ct ffoid or Planetarium Copernicus, individually numbered, handmade in 18 ct #<>ld Michelangelo. automatic in Iti ct Hold or Planetarium Copernicus The Planetarium by Ulysse Nardin combines with a pure The Planetarium indicates: stroke of genius the geocentric universe with the Earth257 words
-
-
Page 18 Advertisements
-
Advertisement157 1991-05-25 18 BUILT ON STRONG FOUNDATIONS 2 p Private Portfolio Management London is the world's centre for international SERVICES FOR OUR PRIVA TE investment management. Based in the CLIENTS INCLUDE hear, of Ihc City of London, wilh its Global Equity Investment powerful resources. Warburg Asset Global Fixed Interest Investment Management provides a157 words
-
Advertisement131 1991-05-25 18 ISP| n n n Kl SSI AN KIRKWORKS (.Ufuk tMf> Marth «< ItM Bo.w, lUI.J Sfccufcn I uMduR l>Mfr Ike t-afci I HBP 1.:.:.. f RUSSIAN FIREWORKS <■ Slovak Philharmonic Kenneth Jean 1 8.*****8 NAXOS Compact Discs... Superb performances and sound at a very modest price! "A vividly sparkling concert131 words
-
-
Page 18 Miscellaneous
-
Miscellaneous76 1991-05-25 18 DOONESBURY BY GARRY TRUDEAU CHARLTON HESTON IS THE THEN WE'RE SUPPOSEP Til YOUCANTBEUSVE GRANP MARSHAL-, ANP HE K TOPO THIS RE'ENAC7WENT AND TUB lOE STORM I THISPARAPE THEY'VE LEAPS US FROM 808 P/LAN'S fl OF THE BATTLE OF KHAFJI r^J GOT PIANNEP FOR PLACE POUJN TO THE COLONY, ON THE76 words
-
-
Page 19 Advertisements
-
Advertisement473 1991-05-25 19 National Stadium West Entrance iSBHHF I Send your entry to: g£ g* The New Paper Big Walk'9l lAf A I I# /A 4 i ipf Locked Bag 10, Robinson Road Post Office, Men's Women's Men's Women's Men Women Business Junior Junior Open Open Veterans Veterans House V I (20vb& (20yis&473 words
-
-
Page 20 Advertisements
-
Advertisement182 1991-05-25 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 8.00 PM. HAPPY HOUR DJ MUSIC: 5.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM. wT I182 words
-
Advertisement374 1991-05-25 20 mmm PLUM'S ********************1 l CULINARY MYSTIQUE FROM THE BALI SHORES From 25th May 2nd June, 1991 Plum's introduces the exquisite culinary of the Balinese. Combining the flavourful regions of Indonesia, Bali's own has distinct character. Join us for this mystical experience. The buffet will be available for lunch (except 25th374 words
-
Advertisement243 1991-05-25 20 Topical Teochew TVeats 16 31 May r— """"J Cafe Plaza serves these delicious dishes prejD|M pared as only a Teochew 4Dm| would know how. And to j Jfffj round off your meal, 1 there's nothing better I I JB than a sweet dessert. Like CL, a helping of Sweet pump-243 words
-
Advertisement305 1991-05-25 20 1 VIVA ESPANA I The Belvedere brings you rhe savoury taste of H I sunny Spain. With over 60 traditional favourites, you'll say "Ole" to the most H H extravagant buffet in town! H I We serve the world to you at The Belvedere. H I //a/tduHh UJ htktniiiMrf«pmn. Where305 words
-
-
Page 21 Advertisements
-
Advertisement214 1991-05-25 21 AND ENTERTAIN Brunch Is A Family Affair Every Sunday. Kiti I SUNDAY .J brunch: 11AM TO 2.30PM. H vHT A ADULTS VM IWq $3lO f CHILDRKN WAsivoc♦ Every Sunday, Hubertus Grill becomes the venue for a great Sunday family outing. A scrumptious buffet spread is laid out for both grown-ups214 words
-
Advertisement140 1991-05-25 21 SUNDAY M FAMILY H BRUNCH KB $i 3+ M (S7 for children under 12) TEE-OFF CAFE |h\J BAY COLF COUNTRY CI.UB LV4 6 MARINA CREEN SINCAPORF. 0101. |[1I FOR RESERVATIONS PLEASE CAI .1. Z2I 2811/*****21 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available140 words
-
-
Page 24 Advertisements
-
Advertisement433 1991-05-25 24 a join] JSWIN! BT lnvestmeirt Race Contest #2 Now you can put your skills to work. Complete the Entry Form below, fill in your Investment Portfolio, and together with your $100,000 worth of Money Coupons (which you would have already collected from May 20 to 24,1991 in Business Times), post433 words
-
-
Page 25 Advertisements
-
Advertisement10 1991-05-25 25 is his we will help you make it even better.10 words
-
Advertisement462 1991-05-25 25 EXPRESS SHARE LOAN The exuccM way of turning shares into ccmA <ut tfa, &fzat No Of Point* FREE GIFTS* Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches < i»»».*wi i»»,vs<»'oa> i 6 j 1 PM*b Solar CalaMta Loans from $2,000462 words
-
-
Page 26 Advertisements
-
Advertisement450 1991-05-25 26 BUSINES 3 TI M E S I I. EPHONE: 730-5771/5772/5773 FAX: 734-4982 INTERNATIONAL BUSINESS I DEVELOPMENT MANAGER I Hllergan Inc., a Fortune 250 ophthalmic company, and an international leader in eye and skin care products, is seeking an individual with international business development background in Asia. Qxperience should include company/product450 words
-
Advertisement176 1991-05-25 26 DHL IN THE NEWS Advertisement DHL REMAINS NO. 1 AIR EXPRESS COMPANY For the fifth year in a Cargonews Asia, who are award has been given to ten row, DHL Worldwide Express users of transport services cargo agents of the airline and has been voted the Best such as shippers176 words
-
-
Page 27 Advertisements
-
Advertisement34 1991-05-25 27 Ronald, youll relish Firmair's Hamburg service. Firmair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.34 words
-
Advertisement97 1991-05-25 27 FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. aT^/7 Although its primary focus is on local97 words
-
-
Page 27 Miscellaneous
-
Miscellaneous279 1991-05-25 27 8 Frenzied evil spirit has the BHv first clue (but not in this puz- P I I I I I Come down on fire 10 Step on the accelerator, _HH__H—pHl there's a good man (3) P*| I I I I I I I 11 One left with strong following is279 words
-
Miscellaneous167 1991-05-25 27 Asia-Pacific Hi/Lo* Cond. Auckland 17/13 Showers Bangkok 34/26 Showers Beijing 32/16 Sunny Brunei 32/24 Showers Hongkong 32/25 Shower Jakarta 32/23 Fair Kuala Lumpur 33/24 Showers Manila 33/28 Showers Melbourne 17/13 Shower Perth 22/15 T-Shower Seoul 28/18 Showers Sydney 21/10 Cloudy Taipei 33/28 Fair Tokyo 23/18 Sunny Wellington 17/11 Cloudy Europe167 words
-
Miscellaneous42 1991-05-25 27 )'g THAT TvAf Bnns 9 CUP? ?ANIPOM MISS SUM MAW I'm WRITING —r "A JOTfIMGS BiOGRPPHV OF Sift H CWeSTfeR- PtRRy, oufc I \1 V e>cjuoveo HRMS '^EY\ LooNDeR vjjwe.*TV*eß Vou coulq /cSM m Time. tq IT qjr j STANDARD CO LTD42 words
-
-
Page 28 Miscellaneous
-
Miscellaneous1784 1991-05-25 28 TODAY'S TV ■■■aißapiiffPMHi w m m jmh HHHfIHIHHK 11.05 Oh Som i< Hh i t zZm m iE 1130 Edu tion JJ I f** |j 4fi# iafllA, 12.00 PMNm(M). *9 Bk gn 12.15 Animal Contracts. Columbo Goes To The Travel, Travel: Egypt, MM 1.00 Rampai KenyaUng. Guillotine, 10.30pm, SBC 51,784 words
-
Miscellaneous604 1991-05-25 28 MOVIES ON TV Tin Men, Monday, 10.45pm, Every child remembers Mary SBC 5 Poppins, a somewhat legendFrom a simple accident to **7 nanny figure. But wheththe loss of a wife. Yes, that's er a nanny can come up what this romantic comedy is w 'th a magic carpetbag real! about604 words
-